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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: SouthFloridaGuy who wrote (73051)10/27/2006 4:13:02 PM
From: Broken_Clock  Read Replies (1) of 110194
 
"We are not in a depression, recession or anything. The stock market is not a bubble and housing is deflating.

Fine, this isn't 1999, but everybody then was complaining it was a bubble. I remember walking across the street and getting a 100% pay raise back then. No, this is far normal.

Who would've have thunk (besides me) that a housing contraction of this magnitude would lead to a low unemployment rate, companies spending and inflation expectations that are contained. Once housing stabilizes, then the economy moves to the next higher level.

The exact definition of a soft-landing."

You forgot to add that we have also successfully brought democracy to the Greater Middle East where the ignorant Muslims now bask in the effervescent glory of the mightiest nation ever to grace the face of this beautiful planet.. I think I'll have a beer, watch the World series and enjoy another MISSION ACCOMPLISHED! Life is good!
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